New Delhi, May 1 -- India's fourth-largest steelmaker Jindal Steel Ltd reported record production and higher revenue for FY26, helped by stronger volumes and firm steel prices in the second half of the year. Net profit attributable to owners rose 20% to Rs.3,367 crore, while revenue from operations grew 8% to Rs.53,553 crore, as per its exchange filing released after market hours on Friday.

The year's adjusted earnings before interest, tax, depreciation, and amortization (Ebitda), however, fell 3% to Rs.9,099 crore, as higher input costs weighed. Jindal Steel's cost of materials consumed rose about 12% from a year ago to Rs.23,089 crore in FY26. The adjusted Ebitda margin fell to 17.09% in FY26 from 18.76% in FY25, with the Ebitda figure...